India US trade Current Affairs, GK & News

17th Indo-US Economic Summit

Union Minister for Road Transport and Highways, Nitin Gadkari, addressed the 17th Indo-US Economic Summit ‘Bouncing Back-Resilient Recovery Path Post Covid-19’ on September 14, 2021. Highlights During the address, minister noted that the bilateral trade between India and the US has increased from $16 billion to $ 149 billion in the last two decades and ..

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India and 17 countries face U.S. Anti-Dumping Tax

The United States Department of Commerce is all set to tax aluminium sheet exporters from the 18 countries including India after the department determine that these countries had benefited from subsidies and dumping. Highlights This decision was taken by the US Department of Commerce after several U.S. aluminium alloy manufacturers complained that they were being ..

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US considers withdrawing Generalised System of Preferences from India

The United States is reportedly considering withdrawal of benefits to India under its Generalised System of Preferences amid a widening dispute over its trade and investment policies. The US Trade Representative (USTR) is in the process of completing the review of India’s status as a GSP beneficiary and an announcement was expected over the next ..

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